On Monday, Mach37, the Herndon, Va.-based cybersecurity accelerator that has garnered a national profile, will welcome seven new security startups as part of its Fall 2015 cohort. The newest cohort includes a number of local companies and entrepreneurs—hailing from Maryland and Virginia.
Va. Governor Terry McAuliffe has been quoted as saying that he aspires to make Virginia the 'cybersecurity Silicon Valley.' And Mach37 is a state-funded catalyst, via the Center for Innovative Technology (CIT), that’s working to accomplish that goal.
The seven early/seed stage cybersecurity startups will complete an intensive 90 day program where they will receive mentorship from a star-studded crew of industry executives and Mach37 consultants. Mach37 mentors include the likes of George Schu, a retired senior executive from Booz Allen, Verisign and Oracle.
Mach37 startups are coached on everything from product development to business modeling. In addition, these companies will be introduced to a network of investors fostered by the accelerator.
Since Mach37’s inaugural Fall 2013 class, 22 companies have graduated from the program in total. More than half of these companies have already attracted investment by either angel or institutional investors, DC Inno previously reported.
Upon entrance, Mach37 portfolio companies receive an immediate $50,000 investment courtesy of the accelerator. This figure can then be doubled by the state of Virginia if the company commits to establishing their headquarters, locally. In return, Mach37 takes an 8 percent equity stake in each company.
DC Inno obtained an early list naming Mach37’s Fall 2015 cohort. Here’s the next class:
Locurity – a cloud based “authentication-as-a-service” technology developer, who’s products protect online user accounts, transactions, cloud services and web based enterprise assets. Locurity’s proprietary approach has no impact on user experience and is completely invisible to the end user and can be deployed in minutes.
Cyber 20/20 – the team behind Cyber 20/20 is developing an information sharing marketplace that allows security professionals to share data about attacks, vulnerabilities and mitigations in real time.
418 Intelligence – through an engaging and layered predictive crowdsourcing platform, 418 Intelligence enables users to control bots that can find cyber threats and act on them before damage is done.
TensorWrench – founded by a group of engineers who helped create the DoD’s open-source Ozone Platform, TensorWrench’s business intelligence platform allows applications to integrate at the user interface layer to produce context aware mashups across "multiple, decentralized data repositories." This reduces development costs and risks while still improving user experience, data security, and agility over traditional “widget & dashboard” models.
Cyber Algorithms – creators of network security intelligence via remote, full-service monitoring performed by analysts equipped with a proprietary data analytics platform. The technology is crafted to specifically service small and medium businesses. This technology is deployed remotely and sold based on a subscription model.
Atriceps – a software-as-a-service (SaaS) company providing enterprise threat and data classification APIs for e-mail, blogs, comments, texts, servers, archives and data loss prevention.
Huntress Labs – the company’s security technology finds malware missed by traditional antivirus services. In addition, Huntress’ system delivers prioritized recommendations to remediate a compromise before it escalates.
